{"id":31882,"date":"2024-11-03T23:00:14","date_gmt":"2024-11-03T20:00:14","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=31882"},"modified":"2024-11-03T20:18:35","modified_gmt":"2024-11-03T17:18:35","slug":"viral-squirrel-peanut-triggers-memecoin-frenzy","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/","title":{"rendered":"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy"},"content":{"rendered":"

The controversial death of Peanut<\/strong>, the internet’s beloved squirrel, has led to the creation of a series of memecoins on the Solana network. These Peanut<\/strong>-themed cryptocurrencies quickly garnered significant attention, with some reaching market caps exceeding $100 million, drawing interest across the crypto market.<\/p>\n

Following Peanut<\/strong>\u2019s death, social media users began supporting memecoin projects to show their affection for him. This event, which went viral on platforms like Twitter and Reddit, sparked both sadness and excitement within the community. Crypto enthusiasts swiftly embraced the tokens created in his memory, and the value of these tokens rose rapidly.<\/p>\n

Peanut<\/strong>-themed memecoins stand out due to their low transaction fees and fast processing times on the Solana network. Analysts note that while these types of memecoins may offer high short-term returns, they also carry substantial risk. Investors are advised to exercise caution, especially as crypto projects that gain popularity on social media can experience rapid gains as well as losses in value.<\/p>\n

\"peanut\"<\/p>\n

This event sparked outrage, with figures like billionaire Elon Musk criticizing the government, calling it ‘mindless’ and ‘heartless.’<\/p>\n

\n

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n

\n

Peanut-Themed Memecoins Launched<\/h2>\n

\"peanut\"<\/p>\n

The DeFi data tracking platform Dexscreener shows that many Peanut<\/strong>-themed memecoins have been launched on the Solana network. Additionally, two Peanut<\/strong>-themed memecoins have made it into the top 10 tokens in Dexscreener\u2019s 24-hour rankings.<\/p>\n

A token called \u201cPeanut<\/strong> the Squirrel\u201d (PNUT), created two days ago, reached nearly $300 million in volume and recorded over 200,000 transactions. The token currently has a market capitalization of $100 million, having peaked at $120 million before experiencing a correction.<\/p>\n

A similar memecoin was also launched on the BNB Smart Chain, reaching a market cap of $80 million while recording a volume exceeding $110 million.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The controversial death of Peanut, the internet’s beloved squirrel, has led to the creation of a series of memecoins on the Solana network. These Peanut-themed cryptocurrencies quickly garnered significant attention, with some reaching market caps exceeding $100 million, drawing interest across the crypto market. Following Peanut\u2019s death, social media users began supporting memecoin projects to<\/p>\n","protected":false},"author":28,"featured_media":31883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[1022,467,2213,1332,9256,1021,9255,9250,1527,319],"class_list":["post-31882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-elon","tag-elon-musk","tag-meme","tag-memecoin","tag-memes","tag-musk","tag-peanut","tag-pnut","tag-sol","tag-solana"],"yoast_head":"\nViral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The controversial death of Peanut, the internet’s beloved squirrel, has led to the creation of a series of memecoins on the Solana network. These Peanut-themed cryptocurrencies quickly garnered significant attention, with some reaching market caps exceeding $100 million, drawing interest across the crypto market. Following Peanut\u2019s death, social media users began supporting memecoin projects to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-03T20:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-03T17:18:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yigit Taha OZTURK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yigit Taha OZTURK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/\",\"name\":\"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png\",\"datePublished\":\"2024-11-03T20:00:14+00:00\",\"dateModified\":\"2024-11-03T17:18:35+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc\",\"name\":\"Yigit Taha OZTURK\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g\",\"caption\":\"Yigit Taha OZTURK\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/ceyigitt\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/","og_locale":"en_US","og_type":"article","og_title":"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer","og_description":"The controversial death of Peanut, the internet’s beloved squirrel, has led to the creation of a series of memecoins on the Solana network. These Peanut-themed cryptocurrencies quickly garnered significant attention, with some reaching market caps exceeding $100 million, drawing interest across the crypto market. Following Peanut\u2019s death, social media users began supporting memecoin projects to","og_url":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/","og_site_name":"Coin Engineer","article_published_time":"2024-11-03T20:00:14+00:00","article_modified_time":"2024-11-03T17:18:35+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut-1024x576.png","type":"image\/png"}],"author":"Yigit Taha OZTURK","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yigit Taha OZTURK","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/","url":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/","name":"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png","datePublished":"2024-11-03T20:00:14+00:00","dateModified":"2024-11-03T17:18:35+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/peanut.png","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/viral-squirrel-peanut-triggers-memecoin-frenzy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Viral Squirrel \u2018Peanut\u2019 Triggers Memecoin Frenzy"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc","name":"Yigit Taha OZTURK","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g","caption":"Yigit Taha OZTURK"},"url":"https:\/\/coinengineer.net\/blog\/author\/ceyigitt\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=31882"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31882\/revisions"}],"predecessor-version":[{"id":31885,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31882\/revisions\/31885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/31883"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=31882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=31882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=31882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}